Tariff-hit markets stumble further as Powell signals limited Fed support [Wealth Professional (Canada)]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Wealth Professional
Markets shaken by US tariffs found little relief as Federal Reserve chair Jerome Powell delivered remarks that investors interpreted as more hawkish than expected, further dampening hopes of near-term interest rate cuts. Speaking at the Economic Club of Chicago, Powell indicated the central bank is in a difficult position, contending with tariffs that may drive up inflation even as economic growth slows. He signalled that the Fed would await further economic data before altering its policy stance, avoiding any commitment to rate reductions. Investors had hoped for more dovish commentary following weeks of market volatility sparked by president Donald Trump's broad April 2 tariff announcement. Instead, Powell acknowledged that the tariffs could push prices higher and lead to decreased business investment and rising unemployment. Michael Arone, chief investment strategist at State Street Global Advisors, highlighted in his comments to Reuters that markets were expecting Powell to
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STT
Earnings
- 10/20/25 - Beat
STT
Sec Filings
- 12/2/25 - Form 4
- 11/28/25 - Form 144
- 11/18/25 - Form 4
- STT's page on the SEC website